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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 09, 1992

Page

20

AGIS to absorb Cedar Rapids Software in consolidation

Allied Group unit AGIS of Des Moines bought Cedar Rapids Software and Services Inc. Cedar Rapids owners join AGIS and stay in Cedar Rapids. The merged firms will do business as The Freedom Group to centralize marketing efforts across AGIS, The Freedom Group, Midwest Printing and Cedar Rapids Software.

Allied Group Information Services AGIS Des Moines Cedar Rapids Software and Services Inc Cedar Rapids Cedar Rapids Software Allied Group Inc Freedom Group Inc Midwest Printing Services Ltd Freedom Group Midwest Printing and Curtice Burns Foods National Oats Co Curtice Burns Rochester, N.Y Weyerhaeuser Co Rockwell International Brenton Banks Inc

Good News and Friendly Reminders from Localcolumn

A brief social note highlights Mr. Potters marble top credenza Ms Hall s African violets and Mr Jespers new poster from the Boston Museum of Fine Arts as items to visit or view in the community space.

Mr. Potter Ms. Hall Mr. Jesper Boston Museum of Fine Arts

Silver Selloff Linked to BCCI Scandal Shakes Markets

The silver price drop and 44 point Dow fall are linked by investigators to the BCCI affair. National Commercial Bank of Saudi Arabia and Sheik Khalid bin Mahfouz face indictments over depositor fraud.

New York BCCI Bank of Credit and Commerce International Mess Egypt Pakistan Hong Kong England U.S The National Commercial Bank of Sheik Khalid bin Mahfouz National Commercial Bank NCB New York County Sheik Khalid Haroon Kahlon London Middle East

Continental plans to cut Summer fares

Continental Airlines said it would cut vacation fares in many markets to offset higher fuel costs and a prior industry discount promotion. The move follows a 4.4 percent fare increase delay by American and United and comes as Continental seeks to finish its Chapter 11 restructuring.

Dallas Continental Airlines Continental Northwest Amy Spreeman Minneapolis American United Robert Ferguson III American Airlines Lee Howard Airline Economics Inc

Consumers reduce debt sharply in May

Washington reports that consumer debt fell at a 4 percent annual rate to 721.4 billion in May, the fourth straight monthly drop and the 10th decline in 13 months. Analysts say the May decline, though shrinking spending, supports long term health of the economy.

Washington Federal Reserve

Dow Jones slips as earnings outlook sows caution

The Dow fell 1.89 to 3,293.28 amid erratic trading as investors awaited second quarter earnings. Boeing lagged against Airbus for a major lease deal, Kodak rose 1 to 41 1 4, Nike gained 6 to 66, and Durr-Fillauer surged 54 to 27 1 2 amid takeover chatter and Nasdaq activity.

Associated Press and Gazette New York Stock Exchange Federal Reserve Boeing Airbus Industrie Europe UAL Corp United Airlines Eastman Kodak Ball Corp Ball Durr-Fillauer Medical Bergen Brunswig Corp Durr-Fillauer Exabyte

Also Mentioned on This Page

C.R. Software Amana Society Amana Society Inc What Cheer Tom Burgher Amana State Farm Iowa State Farm Mutual Automobile Insurance Co Bloomington Ill Rockwell Czech Rockwell International Corp Czechoslovakia Czech Republic Economic Council Kent Black Rockwell Automotive Body Systems Librerec Volkswagen-Skoda Tribu Ser Edgewood Plaza Saudi Arabia Financial Times of London By Evan Ramstad C.R Gazette Photo Westdale Apartments Wilson Avenue Wiley Boulevard Westdale Drive Barry B. Smith Smith Dow Jones Nary Kodak Federal Systems Division Nike L.A. Gear Iowa City Marion Keith Krueger Etrt Marketing Mike Burke al Eckhoff Rich Siefers Bob Sydney Pantoon Glenn Bauer Dennis Se Magrkatin Penny Colem Sve Federated Collins Rd
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